Tabasco sauce turns there pepper blend into a mash and ages them in old whiskey barrels for up to 3 years. So take your preferred pepper blend and let it age in a barrel for some time with the skins, seeds and all. All the best hot sauces age there pepper blends in a mash.

Here is a full recipe for making hot sauce from your peppers hope you enjoy(this was copied and pasted from peppersjoe.com

MAKE YOUR OWN HOT PEPPER SAUCESHabanero Hot Sauce, Jalapeno Hot Sauce and Ghost Pepper Hot Sauce RecipeHot pepper sauces are ALL over the internet. And there are some really tasty and innovative sauces. But, Pepper Joe's favorites are his own home-made sauces. You can control the freshness of ingredients,the heat level, and make sure it's wholesome, organic and chemical and preservative free. Listed are two easy-to-make recipes that I hope will become family favorites. Keep them refrigerated. They should last at least one year (although I'd bet they will go a lot quicker than that).

In a food processor chop up the Ghost Peppers, onion, garlic and carrots. Add salt and white pepper to taste ( a tsp. of turmeric if you'd like as an additional preservative) Add in 1/3 water and 2/3 Apple cider vinegar...to your consistency liking. This makes a thicker Hot Sauce that you can 'spoon' out. The carrots, garlic and onion take a LITTLE of the edge off of the Ghost Peppers. But CAUTION....this is a VERY Hot Sauce.

Most good hot sauce recipes require fairly basic ingredients... Hot peppers (like jalapenos, habaneros, serrano chiles etc), garlic, onions, salt, pepper, vegetable oil, water and white vinegar. I've made hot sauce myself (but didn't use a recipe)... I just sautéed about 4 cups of hot peppers finely chopped with 2 cloves of garlic and about a cup of chopped onion with salt and pepper to taste for about 5 minutes (until the onions are softened up). Then I'd add about 1 1/2 cups of water and let the mixture simmer on low until the everything has softened up and the water is almost gone (so about 20-30 minutes). Then puree the mixture in a blender or food processor and add about a cup of vinegar and additional salt and pepper (if necessary).

If you know how to can vegetables etc, you can put the mixture into sterilized jars and boil them up until the lids seal and you'll have hot sauce for years. If you don't know how to can, then just make sure the jars you use are clean and boiled (sterilized) and fill with your new hot sauce. It'll keep in the fridge for 6 or more months.

Oh, you may also want to do this outside as the fumes can get pretty potent. ;-)